What will be the great effect on cryptocurrency if perhaps Bitcoin crashes?

in #hive-1679222 years ago

Have you perhaps ever asked the great question which has been on most crypto investors mind, This question might surely have crossed your mind as someone who invests in cryptocurrency. What effect will it have on cryptocurrencies at large if perhaps bitcoin goes bankrupt.
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This post is more or less like an interaction and i would appreciate if you can tell me from your opinion what will happen to crypto if bitcoin crashes.
To me i believe bitcoin crashing will affect other cryptocurrencies so much that some will go down crashing with it because they are somehow connected to it as the father or the first ever crypto to ever exist.
It will most surely also stir up a reaction of people not trusting the cryptosystem anymore because they believe bitcoin is father of cryptocurrency and if it crashes then all other coins might all go crashing down with it.
The effect of bitcoin crashing will most probably result to the end of cryptocurrency as people will find it hard in investing in any other that might be standing and if this happens it will make other crypto go down in dump.
Kindly share your thoughts also about what might happen if Bitcoin crashes.

Thanks for viewing my post and do have a lovely day.

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